Futu Tan Zhile: Weekly Market Commentary
[Tan Sir Talks Stocks 25.4.17] News of the trade war dominates everything, and diversification in investment is the key.
Video highlights:
- The latest determination of US and Hong Kong stocks.
- Avoid key sectors affected by the trade war.
Hello, mooers. This video was freshly recorded today. *The video is in Cantonese. If any mooer cannot understand Cantonese, the AI subtitles can be turned on at the top right corner of the video (the cc ICON).
The Hang Seng Index successfully broke through the 10-day and 100-day lines this week, showing signs of gradual stabilization. Some investment sectors that avoid the trade war have emerged, such as domestic demand stocks, biotechnology stocks, and domestic Semiconductors. Although Technology stocks were affected by news of the H20 ban, the overall atmosphere has improved compared to last week, and the overall outlook is not too pessimistic.
In terms of the US stock market, this week remains weak, with the uncertainties brought by the trade war reflected in the economic data. Although last week's CPI and PPI data were lower than expected, they also indicate a weakening US economy. Retail data was strong, but it was mainly due to pre-tariff stockpiling. The trade war issues have led the Federal Reserve into a dilemma, which is a major factor affecting the stock market. Therefore, during the Easter period, Trump may have a lot to say, and the overall recommendation is to adopt a wait-and-see approach.
Finally, hedging funds are almost entirely flowing into the gold market, with gold futures prices rising to $3,371 at one point. Some gold mining stocks also saw significant increases this week, but with the possibility of impromptu negotiations gradually increasing, the risk of fluctuations in gold prices remains relatively high. For Gold ETFs or gold mining stocks, a more suitable strategy is to wait for adjustments before taking action.
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(The above content is for educational purposes only and does not involve any recommendations).
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